Funding Details
- Awarder
- Inbox
- Date Award
- March 27, 2025
- Vertical
- Fintech
- Funding URL
- View Funding Page
Company Info
- Founding Year
- 2021
- Traction
- Mendel has grown its annual recurring revenue (ARR) almost 2.5x year-over-year, with gross margins over 75%. It has about 500 customers, including Mercado Libre, FEMSA, Adecco, and McDonald's.
- Organizations Involved
- Mercado Libre, FEMSA, Adecco, McDonald's
- Founders
- Alan Karpovsky, Alejandro Zecler, Helena Polyblank, Gonzalo Castiglione
- Company Description
- Mendel is a corporate spend management platform that aims to automate operations for enterprise CFOs, providing a one-stop shop for all B2B spend, including expense management, payments, and corporate travel.
- Market
- Corporate spend management
- Location
-
Mexico City,
Mexico
- Coinvestors
- Base10 Partners, PayPal Ventures, Endeavor Catalyst, Infinity Ventures, Industry Ventures, Hi.vc
Links